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- 📢 Gate Square Ambassador Recruitment is Now Open! 🔥
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The weekly inflow into Blackrock's Bitcoin ETF exceeds 1 billion dollars.
In the past 7 days, Bitcoin has bounced back thanks to the return of demand from institutions, with Blackrock leading in the accumulation. The Bitcoin ETF money flow this week is active, with Blackrock contributing a large portion, pumping over 1.3 billion USD into Bitcoin. In total, about 2.2 billion USD has flowed into Bitcoin ETF funds.
This bounce back occurs after BTC fell below 100,000 USD. The ETF flow indicates that demand remains strong, supported by a lessening of geopolitical tensions. Institutional activity has helped Bitcoin recover over 9% from the week's lowest price, confirming strong interest from institutions and expanding demand at the state level.